Author: GT

Amid all the uncertainty and volatility surrounding global tariffs, it’s understandable why many investors may be planning to steer clear of crypto right now. After all, cryptocurrencies — just like stocks — are down across the board, with some of them down as much as 50% for the year. But there’s one cryptocurrency you might want to think about buying now and holding forever, and that’s Bitcoin (CRYPTO: BTC). Here’s why. Perhaps the biggest factor in Bitcoin’s favor is its remarkable resilience. During the past 15 years, it has undergone several boom-and-bust cycles, and it is famous for its volatility.…

A leak site used by the Everest ransomware gang was hacked and defaced this weekend, TechCrunch has learned.  The leak site, which the ransomware gang uses to publish stolen files to extort its victims into paying a ransom demand, was replaced with a brief text note: “Don’t do crime CRIME IS BAD xoxo from Prague.” The site was still defaced at the time of writing. It’s not clear if the gang also experienced a data breach as a result of the hack. Image Credits:TechCrunch (screenshot) Everest is a prolific Russia-linked ransomware gang that has claimed credit for multiple hacks and…

Technology continues to have a major impact on the economy and investment landscape. This is never more apparent than when you consider the rise of cryptocurrencies. A totally new asset class has been spawned thanks to the internet. And with that, Bitcoin (CRYPTO: BTC) has emerged. In the last 10 years, the world’s leading digital asset has produced a monster return of 32,530% (as of April 3). It’s been a volatile journey, but that gain is light years ahead of the stock market. Bitcoin’s price is under pressure, down 22% from its peak, due to ongoing macroeconomic uncertainty. But the…

Futures tied to major tokens saw over $840 million in long liquidations in the past 24 hours as a bitcoin (BTC) plunge led to losses among major tokens, with some falling nearly 14%. CoinGlass data shows that bitcoin traders betting on higher prices lost over $322 million, while bets on ether (ETH) lost nearly $290 million. Smaller alternative tokens (altcoins) recorded nearly $400 million in liquidations — with futures tracking xrp (XRP) and Solana’s SOL seeing an unusually high $80 million in cumulative liquidations. BTC slid to under $77,000 in its worst start to a historically bullish month late Tuesday,…

CME’s bitcoin futures, considered a proxy for institutional activity, gapped lower Monday in a sign of bearish sentiment after President Donald Trump ruled out a trade deal with China. The futures contract due to expire on the last Friday of April began trading at $79,590, down 5.6% from Friday’s close of $84,250 and quickly descended to $76,800, CoinDesk data show. The losses came as Dow futures fell 900 points, Chinese stocks crashed, and the Japanese equity market slipped into lower circuit breakers as JPMorgan, S&P Global, and Goldman Sachs increased the probability of the U.S. falling into recession this year.…

We already find ourselves at an inflection point with AI. According to a recent study by McKinsey, we’ve reached the turning point where ‘businesses must look beyond automation and towards AI-driven reinvention’ to stay ahead of the competition. While the era of AI-driven acceleration isn’t over, a new phase has already begun – one that goes beyond making existing workflows more efficient and moves toward replacing existing workflows and/or creating new ones. This is the age of Agentic AI. Truly autonomous AI agents are capable of reshaping operations entirely. Systems can act autonomously, make decisions, and adapt dynamically. These agents…

(Bloomberg) — Cryptocurrencies wiped out almost all their gains since Donald Trump’s election win in early November as fallout from the US president’s tariff onslaught sparked heavy selling in an asset class he’s vowed to champion. Most Read from Bloomberg Bitcoin tumbled below $75,000 on Monday for the first time since Nov. 7, dropping as much as 5.3%. The total market capitalization of all cryptocurrencies fell about 12% to $2.47 trillion, roughly where it stood when Trump sealed his victory, according to CoinGecko data. Ether dropped to the lowest since March 2023. The slide comes as Trump dug in on…

Peter Diamandis, a futurist with degrees from both MIT and Harvard, has spent much of the past two decades evangelizing a vision of an “abundant future” driven by exponential technologies that will lengthen our lives. The serial entrepreneur and founder of organizations like the XPRIZE Foundation and Singularity University has also cultivated close ties with some of the world’s most influential business minds, including Elon Musk.  Admirers subscribe to his optimistic forecasts and data-backed arguments that technology has already lifted billions out of poverty and improved global living standards. They also buy his books. Critics argue that his techno-utopian vision…

Midjourney has announced the alpha release of its V7 image generation model for testing by the AI community. The new model packs improvements in text prompt understanding, image quality, and feature coherence. “V7 is an amazing model. It’s much smarter with text prompts, image prompts look fantastic, image quality is noticeably higher with beautiful textures, and bodies, hands, and objects of all kinds have significantly better coherence on all details,” Midjourney explained. A key innovation in V7 is the default activation of model personalisation. Users must initially unlock this feature, a process that takes approximately five minutes. This personalisation can…

Gold bug and longtime Bitcoin skeptic Peter Schiff is back with another jab at MicroStrategy founder Michael Saylor, as Bitcoin tumbled below the critical $80,000 level amid widespread market panic triggered by President Trump’s sweeping new tariffs. On April 7, Schiff posted directly to Saylor on X, formerly Twitter, saying: “Attention Saylor, now that Bitcoin is below $80K, if you want to prevent it from crashing below your average cost of $68K, you had better back up the truck with borrowed money today and go all in.” The message came as Bitcoin posted its worst first quarter in 10 years,…